Arthur Fuentes

ABS-CBN News

MANILA - SSS members affected by the string of storms that recently hit the country can avail of calamity loans and salary from the state-led pension fund.The Social Security System said its members in areas battered by tropical cyclones (TCs) Kristine, Marce, Nika, Ofel, and Pepito in the last few weeks may avail themselves of the calamity loan until December 19.The loan amount ranges from a one-month salary credit up to P20,000, according to  SSS Officer-in-Charge Voltaire Agas. SSS members in areas put under a state of calamity are eligible to apply for the loan, Agas added.  “Our country was battered by multiple tropical cyclones in less than a month, making life extremely difficult for our kababayans in devastated areas. SSS wants to extend a lending hand to them through this financial assistance to help them rebuild their lives and get back to normal,” Agas said.Approval of the calamity loan is subject to certain conditions, the SSS said. SSS members may also opt to avail of the SSS salary loan, also subject to certain conditions.  “They must be under 65 years of age at the time of loan application and have not received any final benefit like total disability, retirement, or death benefits to qualify for the salary loan,” he said.  Agas said that interested members can submit their calamity and salary loan applications online using their My.SSS account via www.sss.gov.ph. The calamity and salary loans can be paid in installments for 24 months or two years with a low annual interest rate of 10 percent based on the members&#x27; diminishing balance.<div><iframe width="640" height="360" src="https://www.youtube.com/embed/4wIK2CKamMQ?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe> </div>

SSS offers calamity, salary loans in areas hit by cyclones | ABS-CBN

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SSS offers calamity, salary loans in areas hit by cyclones

SSS offers calamity, salary loans in areas hit by cyclones

Arthur Fuentes,

ABS-CBN News

Published Nov 25, 2024 02:56 PM PHT

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